Friends of the Earth France has urged President Hollande and his government to end French support for coal-fired power plants via its export credit agency Coface and the various multilateral development banks in which it plays a significant role...
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2014/02/28
Country: France, USA
ECAs: COFACE, Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining
Member: Les Amis de la Terre
2014/02/28
Issue: Climate Change, OECD, Oil, Gas and Mining, Renewables
(Project Syndicate, Davos, 24 January 2014) There is no bailout option for the earth’s climate. Speaking at the World Economic Forum in Davos in January, Gurria noted "Our planet is warming dangerously. And, as the 2013 report by the Intergovernmental Panel on Climate Change makes clear, our...
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2013/12/31
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Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
(PR Newswire, 12 December 2013, Washington) The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) has adopted revisions to its environmental procedures and guidelines governing high-carbon intensity projects, claiming this aligns the Bank with...
2013/11/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change
(ECA Watch, 30 November 2013, Ottawa) Export Credit Agency Watch (ECA-Watch) members say “hold the applause,” on ...
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2013/11/30
Country: United Kingdom
ECAs: UK Export Finance (UKEF)
Issue: Climate Change
(Guardian, 20 November 2013, Warsaw) British taxpayers' money will no longer be used to build coal-fired power stations in developing countries, the energy secretary Ed Davey pledged November 20th, as the fortnight-long United Nations climate talks in Poland entered their final phase. The UK...
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2013/07/29
Country: Australia, Canada, France, Germany, Italy, Japan, United Kingdom, USA
Issue: Climate Change
(US State Department, Washington, 11 April 2013) Ministers and senior officials from more than a dozen donor countries met in Washington, D.C. on April 10-11 to discuss ways to meet the challenge of scaling up low-carbon investment in developing countries. The meeting was convened and chaired...
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2013/07/29
Country: Australia
Issue: Climate Change
(Banktrack and Market Forces, Melbourne, 24 July 2013) Chinese banks have been notified that several Australian-based coal export projects could be ineligible for credit under China’s Green Credit Directive. A letter from international banking sector watchdog BankTrack and Australian...
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2013/07/29
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
Member:
(Bloomberg, Washington, 18 July 2013) The U.S. Export-Import Bank voted to stop consideration of financing for a coal power plant in Vietnam, the first such decision since President Barack Obama vowed to cut federal support for the projects... “By denying taxpayer backed financing for this...
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2013/06/26
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
(Bloomberg, Washington, 25 June 2013) President Barack Obama pledged to end U.S. government financing of overseas coal projects, a promise that could end millions of dollars in support for power plants in nations such as Vietnam and India. As part of a “Climate Action Plan” released today,...
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Briefings & reports from ECA watch members
2013/04/19
Issue: Climate Change, Corruption, Large Dams, Pulp and Paper, Transparency
Member:
Unearthing the shadowy world of Export Credit Agencies. This report examines some of the problems with...
Briefings & reports from ECA watch members
2013/04/16
Issue: Climate Change, European Union, Oil, Gas and Mining
Member: FERN
...
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2013/02/28
(Windpower Monthly, London, 28 February 20130) Europe's wind turbine manufacturers need to push outside of their traditional onshore markets is creating an ever-greater role for export credit agencies (ECAs) in project financing. With banks now highly risk averse, ECAs are being asked to increase... more
Issue: Climate Change, Renewables
2013/02/28
(RigZone, Houston, 20 February 2013) Pacific Drilling has announced the signing of a $1 billion senior secured credit facility agreement to finance construction of 2 offshore oil drilling rigs, the Pacific Sharav (... more
Issue: Climate Change, Oil, Gas and Mining
2012/11/30
(Pacific Environment, Doha, 28 November 2012) The Obama Administration is supporting skyrocketing export subsidies for dirty fossil fuels through the United States Export-Import Bank (Ex-Im Bank). The subsidies, revealed in the newly released Ex-Im Bank 2012 Annual Report, are significantly larger... more
Country: USA
Issue: Climate Change
Letters & statements
2011/11/08
Issue: Climate Change, Large Dams, Nuclear, OECD, Oil, Gas and Mining, Renewables
Member: Both ENDS, Corner House, Counter Current, Finance & Trade Watch, Euronatura, FERN, Friends of the Earth Japan, Above Ground, Les Amis de la Terre, Observatory on Debt in Globalization, , Re:Common, urgewald
(8 November 2011) This letter from ECA Watch outlines the...